ISTANBUL (Turkey), November 19 (SeeNews) – Turkish oil refiner Tupras [BIST:TUPRS] said it has decided to issue up to 1.0 billion Turkish lira ($449 million/358 million euro) in bonds to qualified investors in the domestic market.
The bonds will be issued with different maturities of up to five years, Tupras said in a bourse filing on Tuesday.
The company will apply for regulatory approval of the proposed issuance.
(1 euro = 2.7919 Turkish lira)